CHOICE WEALTH MANAGEMENT LIMITED 30/04/2026 iXBRL

Company registration number: 08991662

CHOICE WEALTH MANAGEMENT LIMITED

Unaudited filleted financial statements

30 April 2026

CHOICE WEALTH MANAGEMENT LIMITED

Contents

Directors and other information

Statement of financial position

Notes to the financial statements

CHOICE WEALTH MANAGEMENT LIMITED

Directors and other information


	Directors	A Iqbal


	Company number	08991662


	Registered office	Haresfoot
		177 Barnet Road
		Hertfordshire
		EN5 3JZ

CHOICE WEALTH MANAGEMENT LIMITED

Statement of financial position

30 April 2026

		2026		2025
	Note	£	£	£	£

Fixed assets
Investments	4	1,594,140		1,741,151
		_______		_______
			1,594,140		1,741,151

Current assets
Debtors	5	11,469,051		11,469,051
Cash at bank and in hand		2,651,505		2,147,187
		_______		_______
		14,120,556		13,616,238
Creditors: amounts falling due
within one year	6	( 14,080,337)		( 14,378,874)
		_______		_______
Net current assets/(liabilities)			40,219		( 762,636)
			_______		_______
Total assets less current liabilities			1,634,359		978,515

			_______		_______
Net assets			1,634,359		978,515
			_______		_______

Capital and reserves
Called up share capital			10		10
Fair value reserve			150,841		106,982
Profit and loss account			1,483,508		871,523
			_______		_______
Shareholders funds			1,634,359		978,515
			_______		_______

For the year ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 24 September 2026 , and are signed on behalf of the board by:

A Iqbal

Director

Company registration number: 08991662

CHOICE WEALTH MANAGEMENT LIMITED

Notes to the financial statements

Year ended 30 April 2026

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Haresfoot, 177 Barnet Road, Hertfordshire, EN5 3JZ.

2. Accounting policies

Accounting convention

These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ('FRS 102') and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a fair view. The financial statements are prepared in Sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under historical cost convention. The principal accounting policies adopted are set out below.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

3. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2025: 1 ).

4. Investments

	Other investments other than loans	Total
	£	£
Cost
At 1 May 2025	1,741,151	1,741,151
Additions	186,895	186,895
Disposals	( 484,747)	( 484,747)
Fair value adjustment	150,841	150,841
	_______	_______
At 30 April 2026	1,594,140	1,594,140
	_______	_______
Impairment
At 1 May 2025 and 30 April 2026	-	-
	_______	_______
Carrying amount
At 30 April 2026	1,594,140	1,594,140
	_______	_______
At 30 April 2025	1,741,151	1,741,151
	_______	_______

5. Debtors

	2026	2025
	£	£
Other debtors	11,469,051	11,469,051
	_______	_______

6. Creditors: amounts falling due within one year

	2026	2025
	£	£
Corporation tax	102,045	1,963
Other creditors	13,978,292	14,376,911
	_______	_______
	14,080,337	14,378,874
	_______	_______

7. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value		Balance owed by/(owed to)
	2026	2025	2026	2025
	£	£	£	£
Choice Packaging Solutions Limited	-	-	( 13,972,531)	( 13,972,531)
The related companies	-	-	11,469,051	11,469,051
	_______	_______	_______	_______

At the financial year end, included in other debtors is amount £13,972,531 owed by related company Choice Packaging Solutions Limited which is 100% owned and controlled by the director's spouse. At the financial year end, included in other creditors is amount £11,469,051 owed by related companies which are as follows: Nova One Limited Nova Two Limited Nova Three Limited Nova Four Limited Nova Five Limited Nova Properties Limited LCI 1302 Limited LCI 1303 Limited LCI 1402 Limited LCI 1403 Limited LCI 1702 Limited LCI 1703 Limited